With SARCO heating up, (old investors) lets not forget about our Suplejack GOLD project, (new investors) WATCH THIS SPACE.
Highlights taken from the ORD 6th May Ann.
Suplejack Gold Project ? Drilling Program Commencing. We are confident that the drilling program can significantly increase our gold resource from the current 55,000ounces. We will drill in the existing resource area and new priority targets.
The wet season has ended and the ground is solid enough for 4 wheel drive access. We are sending a team to Suplejack from next week to 20 May to extensively carry out: 1. Rock chip sampling 2. Field checking of drill hole locations 3. On-site evaluation of geochemical sampling.
We will spend most of the entire second half of 2011 doing drilling and resource expansion work. We want to maximise drilling efforts in 2011?s dry season. The proposed 3 stages will cover only a portion of the tenement. We believe additional drilling in other parts of the tenement will provide potential for further resource expansion. We are now in the final stages of negotiations with drilling companies.
Announcement can't be far away RE: an update on this area IMO.
Good luck to all holders - DYOR.
(Cough)Afternoon rally(Cough)
VAN Price at posting:
10.8¢ Sentiment: Hold Disclosure: Held